Alaska Oil & Gas Ltd (fka AKOL)

[nanuk]

These State studies are the facts about what is estimated to be in the ground over a very large area. AKOL has deliberately made it seem they can tap this resource from a very small area. The truth is that it would take hundreds of holes over the entire Cook Inlet Basin to possibly tap some percentage of the estimated reserves. AKOL has also confused shallow coal bed methane with real natural gas production. One technology has little to do with the other. Look it up. The remainder of Cook Inlet oil and gas reserves are very deep and so far no reputable oil company believes it is worth pursuing. I hope this changes. With prices as high as they are the risk/reward may come to favor this endeavor. From what I have been able to determine, Cable Advertising/Frontier Oil & Gas/Alaskan Oil& Gas has no role in any possible future exploration. I could be wrong, but I'm pretty confident in my assessment.